M. Fine & Sons Manufacturing Co. v. United States

162 F. Supp. 763, 144 Ct. Cl. 56, 1 A.F.T.R.2d (RIA) 1872, 1958 U.S. Ct. Cl. LEXIS 397
CourtUnited States Court of Claims
DecidedJune 4, 1958
DocketNo. 384-56
StatusPublished
Cited by2 cases

This text of 162 F. Supp. 763 (M. Fine & Sons Manufacturing Co. v. United States) is published on Counsel Stack Legal Research, covering United States Court of Claims primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
M. Fine & Sons Manufacturing Co. v. United States, 162 F. Supp. 763, 144 Ct. Cl. 56, 1 A.F.T.R.2d (RIA) 1872, 1958 U.S. Ct. Cl. LEXIS 397 (cc 1958).

Opinion

LITTLETON, Judge.

This suit involves a claim for refund of income and excess profits taxes which are alleged to have been erroneously collected from plaintiff for the years and in the amounts as follows:

1943 ..............$6,104.51
1944 .............. 8,461.13
1945 ..............12,917.93
1946 .............. 2,497.83

While the years in question are admittedly barred by section 322(b) of the Internal Revenue Code because the claims for refund were not filed within three years from the time the returns were filed, or within two years from the time the taxes were paid, plaintiff contends that under the circumstances of its case it is entitled to the relief provided for in section 3801 and section 3807 of the Internal Revenue Code of 1939 (26 U.S.C. §§ 3801 and 3807 (1952 ed.)).

In December 1942 the Paducah Industries Committee, Inc., contributed to the plaintiff a factory and the land on which it stood in Paducah, Kentucky, in furtherance of a project for the employment of a large number of persons in that city. The basis of the factory building to the transferor, Paducah Industries Committee, Inc., at the time of the transfer was $77,876.05. Since its acquisition in 1942 plaintiff has continuously used the Pa-ducah factory for the manufacture of its products for sale in the ordinary course of its trade or business.

In April, 1944, the Vicksburg Chamber of Commerce contributed to the plaintiff a factory in Vicksburg, Mississippi, in furtherance of a like project for the employment of large numbers of persons in the city of Vicksburg. The basis to the transferor, the Vicksburg Chamber of Commerce, at the time of the transfer to plaintiff, was $76,000. Since its acquisition in 1944 the plaintiff continuously used the Vicksburg factory for the manufacture of its products for sale in the ordinary course of business until 1947 when plaintiff sold the Vicksburg factory.

During the years 1943, 1944, 1945 and 1946 plaintiff recorded on its books depreciation on the Paducah and the Vicksburg factories as part of its cost of goods sold, using the transferors’ bases as noted above. However, plaintiff did not include in it income and excess profits tax returns any item representing depreciation of the two factories because during those years it was the established policy of the Commissioner of Internal Revenue-to deny to taxpayers a right to a deduction for depreciation on property which had been contributed to them by communities. Detroit Edison Co. v. Commissioner, May 1943, 319 U.S. 98, 63 S.Ct. 902, 87 L.Ed. 1286. In the Detroit. Edison case the Supreme Court held that extension of facilities of a public utility,, which extension had been paid for by its customers and became its property, had no basis to the public utility. Plaintiff' herein did include, however, its transferors’ bases of the Paducah and Vicksburg factories in computing its equity" invested capital for the purposes of determining its excess profits tax credit on its excess profits tax returns. On an examination of its 1943,1944 and 1945 income and excess profit tax returns in. early 1947 by an agent of Internal Revenue, the plaintiff asserted its right to depreciation on the two factories in accordance with its books and records, but. that demand was denied by the agent. The agent also disallowed the use by plaintiff of the transferors’ bases in computing its equity invested capital and,, accordingly, a deficiency in excess profits-taxes for those years was assessed, against plaintiff. The deficiencies so assessed for the years 1943, 1944 and 1945-were paid in 1947.

In October 1947 the plaintiff sold its-Vicksburg factory and reported to Internal Revenue a zero basis for gain.

On May 15, 1950, the Supreme Court, decided Brown Shoe Company, Inc., v. Commissioner, 339 U.S. 583, 70 S.Ct. 820, 94 L.Ed. 1081. In that case the Supreme Court held that property contributed by [765]*765a community to a taxpayer constituted a contribution to the taxpayer’s capital and that accordingly the transferor’s basis was the proper basis to the taxpayer under section 113(a) (8) (B) for depreciation, and that under section 718 (a) the taxpayer was entitled to the transferor’s basis in computing its equity invested capital.1

In November 1950 plaintiff filed a timely claim for refund for the year 1947 asserting its right under section 113(a) (8) (B) to take the transferors’ bases for computing (1) gain realized on the sale of the Vicksburg factory in 1947 and (2) depreciation for that year on the Paducah factory. The total claim was in the amount of $6,455.62. This claim for refund was allowed in the amount of $5,729.07 since, in making the allowance and the resulting overassessment, the plaintiff was required to reduce its trans-ferors’ bases with respect to both factories by amounts representing depreciation for the years 1943, 1944, 1945 and 1946. It will be remembered from the facts stated above that because of the established policy of the defendant and the decision of the Supreme Court in the Detroit Edison Company case, plaintiff had not been allowed to claim a depreciation deduction for those years in computing its income and excess profits taxes.

In August 1952 the plaintiff filed timely claims for refund for the years 1943, 1944, 1945 and 1946 pursuant to section 3801 and section 3807 of the Internal Revenue Code of 1939.

Section 3801 provides in pertinent part as follows:

“ § 3801. Mitigation of effect of limitation and other provisions in income tax cases.
“(a) Definitions. For the purpose of this section—
“(1) Determination. The term ‘determination under the income tax laws’ means—
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“(C) A final disposition by the Commissioner of a claim for refund. For the purposes of this section a claim for refund shall be deemed finally disposed of by the Commissioner—
“(i) as to items with respect to which the claim was allowed, upon the date of allowance of refund or credit or upon the date of mailing [766]*766notice of disallowance (by reason of offsetting items) of the claim for refund, and
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“(b) Circumstances of Adjustment. When a determination under the income tax laws—
“(1) Requires the inclusion in gross income of an item which was erroneously included in the gross income of the taxpayer for another taxable year or in the gross income of a related taxpayer; or
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Related

Estate of SoRelle v. Commissioner
31 T.C. 272 (U.S. Tax Court, 1958)

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Bluebook (online)
162 F. Supp. 763, 144 Ct. Cl. 56, 1 A.F.T.R.2d (RIA) 1872, 1958 U.S. Ct. Cl. LEXIS 397, Counsel Stack Legal Research, https://law.counselstack.com/opinion/m-fine-sons-manufacturing-co-v-united-states-cc-1958.